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SAP SE

SAP
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001000184

No open-market purchases or sales by SAP SE insiders were filed in the last 90 days; 818 institutions reported holding it in 13F filings for Q2 2026, worth $13.0B in total; Harris Associates (Oakmark) is the only superinvestor holding it.

Other share classesSAPGF

13F holders, Q2 2025

Institutional positions in SAP SE as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
970
+97 vs. Q1 2025
Shares held
71.9M
−961.3K (−1.3%) vs. Q1 2025
Total value
$21.9B
+$2.30B (+11.7%) vs. Q1 2025
New holders
164
337 more added
Sold out
67
336 more reduced

16 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SAP on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 970 institutions
Q1 2021: 505 institutionsQ2 2021: 513 institutionsQ3 2021: 525 institutionsQ4 2021: 535 institutionsQ1 2022: 507 institutionsQ2 2022: 490 institutionsQ3 2022: 451 institutionsQ4 2022: 493 institutionsQ1 2023: 532 institutionsQ2 2023: 570 institutionsQ3 2023: 584 institutionsQ4 2023: 647 institutionsQ1 2024: 706 institutionsQ2 2024: 743 institutionsQ3 2024: 792 institutionsQ4 2024: 859 institutionsQ1 2025: 889 institutionsQ2 2025: 970 institutionsQ3 2025: 930 institutionsQ4 2025: 931 institutionsQ1 2026: 847 institutionsQ2 2026: 818 institutions
Value heldQ2 2025: $21.9B
Q1 2021: $6.49BQ2 2021: $7.25BQ3 2021: $6.82BQ4 2021: $6.76BQ1 2022: $5.93BQ2 2022: $5.45BQ3 2022: $5.05BQ4 2022: $6.17BQ1 2023: $7.49BQ2 2023: $8.11BQ3 2023: $8.50BQ4 2023: $10.2BQ1 2024: $12.6BQ2 2024: $14.2BQ3 2024: $15.8BQ4 2024: $17.4BQ1 2025: $19.6BQ2 2025: $21.9BQ3 2025: $19.3BQ4 2025: $17.0BQ1 2026: $14.9BQ2 2026: $13.0B
Institutions holding SAP and their total value by quarter
QuarterHoldersValue
Q2 2026818$13.0B
Q1 2026847$14.9B
Q4 2025931$17.0B
Q3 2025930$19.3B
Q2 2025970$21.9B
Q1 2025889$19.6B
Q4 2024859$17.4B
Q3 2024792$15.8B
Q2 2024743$14.2B
Q1 2024706$12.6B
Q4 2023647$10.2B
Q3 2023584$8.50B
Q2 2023570$8.11B
Q1 2023532$7.49B
Q4 2022493$6.17B
Q3 2022451$5.05B
Q2 2022490$5.45B
Q1 2022507$5.93B
Q4 2021535$6.76B
Q3 2021525$6.82B
Q2 2021513$7.25B
Q1 2021505$6.49B

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding SAP SE; share changes are against Q1 2025.

Institutions holding SAP in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
AMF Pensionsforsakring AB52,837$16.1M0.11%+52,837New
Truist Financial Corp51,898$15.8M0.02%−6,662−11.4%Reduced
1832 Asset Management L.P.51,630$15.7M0.03%−159,387−75.5%Reduced
National Bank of Canada51,311$15.6M0.02%−4,432−8.0%Reduced
Mariner, LLC50,918$15.5M0.02%+1,276+2.6%Added
Boston Common Asset Management, LLC50,300$15.3M0.43%−3,634−6.7%Reduced
M&T Bank Corp50,153$15.3M0.05%−1,115−2.2%Reduced
Captrust Financial Advisors49,762$15.1M0.03%+3,920+8.6%Added
Guardian Partners Inc.47,113$14.7M1.32%−1,438−3.0%Reduced
Capital International Inc47,602$14.5M0.14%−22,742−32.3%Reduced
Federation des caisses Desjardins du Quebec47,083$14.3M0.06%+18,190+63.0%Added
Davis Selected Advisers46,769$14.2M0.08%−29,357−38.6%Reduced
Oppenheimer Asset Management Inc.46,344$14.1M0.16%−3,715−7.4%Reduced
Foresight Global Investors, Inc.46,340$14.1M10.01%−26,985−36.8%Reduced
Hudson Bay Capital Management LP44,247$13.5M0.09%+44,247New
Franklin Resources Inc44,245$13.5M0.00%−366−0.8%Reduced
Stony Point Capital LLC42,600$13.0M1.02%+20,830+95.7%Added
Glenmede Investment Management, LP42,217$12.8M0.06%+42,217New
Optiver Holding B.V.41,999$12.8M0.34%+41,999New
Capital Wealth Planning, LLC41,905$12.7M0.10%+13,664+48.4%Added
Abc Arbitrage SA41,448$12.6M1.44%+41,448New
Federated Hermes, Inc.41,070$12.5M0.02%−11,057−21.2%Reduced
Brinker Capital Investments, LLC40,948$12.5M0.11%+449+1.1%Added
Dakota Wealth Management40,164$12.2M0.26%+37,077+1,201.1%Added
Value Partners Investments Inc.40,088$12.2M0.95%+560+1.4%Added
CI Private Wealth, LLC39,697$12.1M0.02%+3,045+8.3%Added
Hantz Financial Services, Inc.38,614$11.7M0.19%+1,395+3.7%Added
Cambiar Investors LLC38,560$11.7M0.49%−24,155−38.5%Reduced
AMJ Financial Wealth Management38,522$11.7M2.97%−4,458−10.4%Reduced
Silvercrest Asset Management Group LLC37,462$11.4M0.08%+51+0.1%Added
CIBC Asset Management Inc40,392$11.3M0.04%+3,974+10.9%Added
Adviser Investments LLC36,789$11.2M0.14%−97−0.3%Reduced
Invesco Ltd.36,156$11.0M0.00%−101,783−73.8%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC36,151$11.0M0.03%+12,722+54.3%Added
Quadrant Capital Group LLC34,896$10.6M0.38%−292−0.8%Reduced
One Capital Management, LLC34,581$10.5M0.36%−1,789−4.9%Reduced
Connor, Clark & Lunn Investment Management Ltd.34,046$10.4M0.04%+12,637+59.0%Added
Northwestern Mutual Wealth Management Co33,968$10.3M0.01%+20,803+158.0%Added
Sanctuary Advisors, LLC33,858$10.3M0.06%−2,995−8.1%Reduced
Cetera Investment Advisers33,301$10.1M0.02%−282−0.8%Reduced
AQR Capital Management LLC33,047$10.0M0.01%+16,738+102.6%Added
Naples Global Advisors, LLC31,266$9.51M0.82%−1,007−3.1%Reduced
Picton Mahoney Asset Management31,130$9.47M0.13%−3,519−10.2%Reduced
Cohen Klingenstein LLC30,179$9.18M0.31%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC29,400$8.96M0.07%+6,418+27.9%Added
Atria Investments LLC29,365$8.93M0.11%−1,434−4.7%Reduced
Janney Montgomery Scott LLC28,304$8.61M0.02%+873+3.2%Added
Ritholtz Wealth Management28,008$8.52M0.19%−89−0.3%Reduced
Cardinal Capital Management27,227$8.28M1.22%−77−0.3%Reduced
Cox Capital Mgt LLC26,951$8.20M5.59%−663−2.4%Reduced
Wealth Enhancement Advisory Services, LLC26,973$8.19M0.01%−1,166−4.1%Reduced
Colony Group, LLC26,801$8.15M0.02%+225+0.8%Added
Park Avenue Securities LLC26,262$7.99M0.07%+3,091+13.3%Added
Eventide Asset Management, LLC25,513$7.95M0.14%+25,513New
Nia Impact Advisors, LLC25,567$7.77M2.69%−282−1.1%Reduced
Wetherby Asset Management Inc25,227$7.67M0.34%+25,227New
Dividend Assets Capital, LLC25,187$7.66M1.39%−2,438−8.8%Reduced
Thornburg Investment Management Inc24,760$7.53M0.10%−6,559−20.9%Reduced
Synovus Financial Corp24,192$7.36M0.09%+422+1.8%Added
Rhumbline Advisers24,132$7.34M0.01%+45+0.2%Added
Capital Investment Counsel, Inc24,035$7.31M0.97%−50−0.2%Reduced
Capital World Investors24,016$7.23M0.00%+1,599+7.1%Added
RSM US Wealth Management LLC23,549$7.16M0.10%+123+0.5%Added
Callan Family Office, LLC23,103$7.03M0.22%+16,216+235.5%Added
Schonfeld Strategic Advisors LLC23,011$7.00M0.05%+23,011New
Naviter Wealth, LLC22,946$6.98M0.86%+1,177+5.4%Added
Marietta Investment Partners LLC22,897$6.96M1.52%+22,897New
Capital Research Global Investors22,891$6.89M0.00%+744+3.4%Added
Avantax Advisory Services, Inc.22,604$6.87M0.04%+693+3.2%Added
SummitTX Capital, L.P.21,804$6.63M0.29%+21,804New
Signaturefd, LLC21,099$6.42M0.11%−37−0.2%Reduced
Vestmark Advisory Solutions, Inc.21,042$6.40M0.09%−6,514−23.6%Reduced
Baltimore-Washington Financial Advisors, Inc.20,871$6.35M0.30%+20,871New
Rockefeller Capital Management L.P.20,595$6.26M0.01%−2,983−12.7%Reduced
Timber Creek Capital Management LLC21,719$6.19M1.58%−5,890−21.3%Reduced
Hollow Brook Wealth Management LLC20,274$6.17M1.80%−94−0.5%Reduced
Rock Point Advisors, LLC20,182$6.14M1.73%−286−1.4%Reduced
Parcion Private Wealth LLC20,171$6.13M0.44%+20,171New
CIBC World Markets Inc.20,164$6.13M0.01%+1,992+11.0%Added
Saturna Capital CORP19,949$6.07M0.08%+3,722+22.9%Added
Maytus Capital Management, LLC19,905$6.05M1.11%−13,724−40.8%Reduced
Prosperity Consulting Group, LLC19,801$6.02M0.44%−731−3.6%Reduced
Jackson Square Capital, LLC19,188$5.84M1.30%+15,447+412.9%Added
Bleakley Financial Group, LLC19,156$5.83M0.15%−570−2.9%Reduced
Moody Lynn & Lieberson, LLC19,115$5.81M0.34%−90−0.5%Reduced
Moran Wealth Management, LLC18,708$5.69M0.18%+81+0.4%Added
Advisor Group Holdings, Inc.18,885$5.65M0.01%+6,453+51.9%Added
Equitable Trust Co18,472$5.62M0.28%+423+2.3%Added
Mount Yale Investment Advisors, LLC18,368$5.59M0.44%+3,497+23.5%Added
Americana Partners, LLC18,278$5.56M0.19%−728−3.8%Reduced
Aperture Investors, LLC17,903$5.44M0.73%00.0%Unchanged
Sanibel Captiva Trust Company, Inc.17,900$5.44M0.17%+4,367+32.3%Added
Commonwealth Equity Services, LLC17,896$5.44M0.01%−8,546−32.3%Reduced
Calamos Wealth Management LLC17,878$5.44M0.23%+833+4.9%Added
Toroso Investments, LLC17,851$5.43M0.04%+1,374+8.3%Added
Forum Financial Management, LP17,679$5.38M0.08%+50.0%Added
Chase Investment Counsel Corp17,515$5.33M1.70%+91+0.5%Added
Vident Advisory, LLC17,491$5.32M0.06%+2,307+15.2%Added
Barclays PLC17,490$5.32M0.00%+6,078+53.3%Added
Y-Intercept (Hong Kong) Ltd17,241$5.24M0.13%+17,241New